Trump Pays 5 Million Reduced Penalty In New York Civil Fraud Case

Trump Pays $175 Million Reduced Penalty In New York Civil Fraud Case


New York:

Embattled former US president Donald Trump posted a $175 million bond in his New York civil fraud case Monday, avoiding payment of a $454 million penalty while his case winds through the appeals process.

Last week, a New York appeals court cut a $454 million bond payment he was originally required to pay, reducing the sum to $175 million and giving him 10 days to pay this smaller amount.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



Source link

Posted in

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Leave a Comment